BUB 8.33% 13.0¢ bubs australia limited

Ann: Share Purchase Plan Opens and Offer Booklet, page-49

  1. 1,712 Posts.
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    I’m sorry to disillusion you but the company ( to my regret) will not get SAMR in the near to mid-term future. The current geo-political situation will not reduce anytime soon. China & AU are water /oil & no approvals will be forthcoming. Keep in mind that BAL was waiting 2 years for same approval which was not forthcoming - nor has any SAMR been granted for any non-AU company either. That’s why we have hedged bets with Chinese JV. Share price isn’t going far until either until promised CF positivity & profitability materialises. Co has over promised & under delivered for a while now ( not to mention milked retail & inst investors with its CR’s) - now it needs to minimise the fluff announcements & achieve. Vitamins & diversification are a sideshow.
 
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